topic Re: Is Lowes/Sync moving away from giving FICO scores? in Credit Cards

Is Sync moving away from giving FICO scores?

FlaDude — Sat, 24 Aug 2019 14:06:57 GMT

I know Chase recently stopped offering FICO scores for Slate cardholders. I just logged in to check my FICO on the Lowes card site and saw this at the bottom of the page:

Has anyone else seen this on their Lowes or any other Sync cards? I was still able to get my FICO score, but I won't be surprised to see that go away over the next few months.

Re: Is Lowes/Sync moving away from giving FICO scores?

K-in-Boston — Thu, 08 Aug 2019 13:45:43 GMT

That's disappointing if they're taking that feature away from the card. I only see the banner on my Lowe's account, but not Amazon or PayPal Credit. All 3 show a TU FICO 08 score from 01 JUL.

Re: Is Lowes/Sync moving away from giving FICO scores?

gdale6 — Thu, 08 Aug 2019 14:07:54 GMT

I see that announcement and I wont be enrolling in it, not interested in FAKO scores. I suspect they got a better deal from Vantage than Fico. Wonder if they will be using Vantage to maintain the account if so that too will be very disappointing. If someone isnt using such a score they should be banned from publishing it to the public, going to be contacting my US reps and make such a suggestion.

Re: Is Lowes/Sync moving away from giving FICO scores?

Anonymous — Thu, 08 Aug 2019 14:26:18 GMT

I hope they don't take away the TU Fico 8 score. My Lowe's account is the only source I have that still gives me negative reason codes with an 850 score, something I really appreciate.

Re: Is Lowes/Sync moving away from giving FICO scores?

staticvoidmain — Thu, 08 Aug 2019 14:46:57 GMT

My Synchrony cards (Sam's Club MC and PayPal MC) still show TU Fico, albeit they haven't been updated since July 1st. It could just be late, but who knows... In my case, I also get this score from Barclays (Uber Visa).

Re: Is Lowes/Sync moving away from giving FICO scores?

AverageJoesCredit — Thu, 08 Aug 2019 16:48:36 GMT

Word! @gdale6

Re: Is Lowes/Sync moving away from giving FICO scores?

Anonymous — Thu, 08 Aug 2019 20:46:14 GMT

@gdale6 wrote:
I see that announcement and I wont be enrolling in it, not interested in FAKO scores. I suspect they got a better deal from Vantage than Fico. Wonder if they will be using Vantage to maintain the account if so that too will be very disappointing. If someone isnt using such a score they should be banned from publishing it to the public, going to be contacting my US reps and make such a suggestion.

Well, at the risk of FSR, IMO NOT the most pressing thing I need reps to focuse on!

Re: Is Lowes/Sync moving away from giving FICO scores?

Anonymous — Thu, 08 Aug 2019 20:47:32 GMT

Just checked mine - it’s also showing the score as of 7/1/2019.

Re: Is Lowes/Sync moving away from giving FICO scores?

AverageJoesCredit — Thu, 08 Aug 2019 20:56:29 GMT

Only question left is will they Choose Bekins or United Van?

Re: Is Lowes/Sync moving away from giving FICO scores?

BallBounces — Thu, 08 Aug 2019 21:09:17 GMT

I can't speak to Lowes specifically, but all of my various Sync cards still give me TU FICO 8, and they do it every day that I ask them to.

Re: Is Lowes/Sync moving away from giving FICO scores?

Jnbmom — Thu, 08 Aug 2019 21:18:13 GMT

Well if they switch to that worthless vantage score crappola, that will stink😠

Mine are all updated from 8/1/19

Re: Is Lowes/Sync moving away from giving FICO scores?

Jnbmom — Thu, 08 Aug 2019 21:24:34 GMT

@K-in-Boston

@Anonymous

I am not sure if you know the trick for a real time score, you just un enroll and they re enroll, instant updated score

I just saw you mention July 1 score.

Re: Is Lowes/Sync moving away from giving FICO scores?

Anonymous — Thu, 08 Aug 2019 21:26:01 GMT

Interesting, I was not aware of that. Think I’ll go try it - thanks @Jnbmom!

Re: Is Lowes/Sync moving away from giving FICO scores?

Jnbmom — Thu, 08 Aug 2019 21:27:20 GMT

@Anonymous wrote:
Interesting, I was not aware of that. Think I’ll go try it - thanks @Jnbmom!

NP let me know how you make out.

Re: Is Lowes/Sync moving away from giving FICO scores?

Anonymous — Thu, 08 Aug 2019 21:31:17 GMT

Worked perfectly and quickly, no hassle at all. Thank you

Re: Is Lowes/Sync moving away from giving FICO scores?

Anonymous — Fri, 09 Aug 2019 01:25:30 GMT

Just heads up, Fico 8 will be retired, becuase there are new FICO 9 and it'll replace FICO 8 starting in 2020

Re: Is Lowes/Sync moving away from giving FICO scores?

FinStar — Fri, 09 Aug 2019 19:15:01 GMT

@Anonymous wrote:
Just heads up, Fico 8 will be retired, becuase there are new FICO 9 and it'll replace FICO 8 starting in 2020

@Anonymous source?

Re: Is Lowes/Sync moving away from giving FICO scores?

Anonymous — Fri, 09 Aug 2019 02:36:55 GMT

@Anonymous wrote:
Just heads up, Fico 8 will be retired, becuase there are new FICO 9 and it'll replace FICO 8 starting in 2020

This is an absurd statement. FICO score models in use are up to the lender, they can’t be forced to use another model that doesn’t fit their needs. With how many custom scores FICO offers creditors for their own needs, I can’t see them ever saying “hey, you can’t use that score model anymore,” and in fact we have seen NFCU use the TU FICO 98 model earlier this year for a CLI denial.

Re: Is Lowes/Sync moving away from giving FICO scores?

mikesonthemend — Fri, 09 Aug 2019 03:19:25 GMT

@FlaDude wrote:
I know Chase recently stopped offering FICO scores for Slate cardholders. I just logged in to check my FICO on the Lowes card site and saw this at the bottom of the page:
Has anyone else seen this on their Lowes or any other Sync cards? I was still able to get my FICO score, but I won't be surprised to see that go away over the next few months.

Saw the same. Still had my FICO available so I smashed it. Hulk style, I did. no dice

Re: Is Lowes/Sync moving away from giving FICO scores?

Anonymous — Fri, 09 Aug 2019 07:15:45 GMT

@Jnbmom wrote:

I am not sure if you know the trick for a real time score, you just un enroll and they re enroll, instant updated score

Enroll and then re-enroll in what exactly? I don't follow.